Having not been able to find any relevant numbers re EPS and PE on any websites (ASX, Commsec etc) I decided to work out my own on the back of a beer mat and am finding it hard to believe my own results. If I am right, Hzn appears to be the buy of the century to me and anybody selling must have a screw loose. So, here is what I came up with, I am more than happy to be corrected, otherwise this is a potential simmering Superstock
Annual Earnings AU$54m
(Net operating income after operating expenditure, excluding extraordinary items,
US$10.5m/Quarter = AU$13,500,000/Quarter = AU$54,000,000/Year)
Number of shares on issue = 1,301,973,685
EPS 4c (Yearly Income/Shares On Issue = 54,000,000/1,301,973,685 = 0.04 = 4 cents per share or more than 1/2 the current SP!)
PE 1.9 (Current SP/EPS = 7.6c/4c = 1.9)
Market Cap AU$98.95m
Current Debt AU$104.6m (Business revolves around debt, I would be worried if we didn't have debt!)
Cash In Hand AU$28.4m (More than 25% of MCap)
BOPD 4100 (Soon to increase to 5500)
All of the above makes HZN a compelling buy IMO and only becomes a sell when the PE reaches 10 or an SP of 40c!!!
And the creme de la creme? All of this only takes account of current production and current oil prices, both of which are increasing.
PNG LNG valued at Zero!!!!
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HZN
horizon oil limited
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.0M |
Open | High | Low | Value | Volume |
22.0¢ | 22.0¢ | 21.5¢ | $348.2K | 1.584M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 1371402 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 2634755 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 1371402 | 0.215 |
23 | 3048406 | 0.210 |
26 | 2159358 | 0.205 |
30 | 933559 | 0.200 |
4 | 204198 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 2634755 | 21 |
0.225 | 1569395 | 15 |
0.230 | 2217854 | 13 |
0.235 | 332600 | 2 |
0.240 | 213344 | 4 |
Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
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HZN (ASX) Chart |